Company / Timeline

Over the span of four decades, Rockrose has developed 10,000 units of
residential space and has developed or acquired over three million square
feet of commercial space.

2010 - Present

4325 Hunter Street

Long Island City, NY

Residential & Retail Property

974 Units

970,000 SF

Parking Garage

4310 Crescent Street

Long Island City, NY

Residential & Retail Property

709 Units

726,852 SF

Parking Garage

1150 18th St. N.W.

Washington, DC

Office Property

180,000 SF

Parking Garage

1776 Eye St. N.W.

Washington, DC

Office Property

225,000 SF

Parking Garage

1900 M St. N.W.

Washington, DC

Office Property

113,000 SF

Parking Garage

2000 L St. N.W.

Washington, DC

Office & Retail Property

401,146 SF

Parking Garage

1146 19th St. N.W.

Washington, DC

Retail & Office Property

47,120 SF

Parking Garage

15 East 26th Street

New York, NY

Office Property

Rockrose Corporate Headquarters

555 11th St. N.W.

Washington, DC

Office & Retail Property

332,000 SF

Parking Garage

1140 19TH ST. N.W.

Washington, DC

Office & Retail Property

70,648 SF

Parking Garage

2000s

645 Madison Ave

Office Building & Retail

160,000 s.f.

Chelsea Mercantile

252 Seventh Ave

354 Units, Retail & Garage

740,000 s.f.

90 Broad Street

Office Building & Retail

370,000 s.f.

22 River Terrace

324 Units

280,147 s.f.

Chelsea Centro

200-220 W. 26th Street

356 Units, Retail & Garage

384,000 s.f.

15 Cliff Street

156 Units & Retail

160,000 s.f.

660 Twelfth Ave

Phase 1

Commercial & Retail

215,000 s.f.

2 Gold Street

650 Units

Retail & Garage

600,000 s.f.

Bryce Building

387 Park Ave South

Office Building

222,238 s.f.

The Gallop Building

901 F St. N.W.

Washington DC

Office Building & Garage

154,578 s.f

2021 K Street

Office Building & Garage

213,863 s.f.

101 15th Street N.W.

Washington DC

Office Building & Garage

236,723 s.f.

1156 15th Street N.W.

Washington DC

Office Building & Garage

230,987 s.f.

1620 Eye Street N.W.

Washington DC

Office Building & Garage

155,768 s.f.

4720 Center Blvd.

Long Island City

498 Units & Retail

477,246 s.f.

Gramercy Court

230 Park Ave South

Office Building

343,070 s.f.

2029 K St. N.W.

Washington DC

Office Building

35,430 s.f.

4705 Center Blvd.

Long Island City

394 Units, Retail & Garage

699,048 s.f.

2 Gold Street Phase II

189 Units & Retail

221,313 s.f.

455 W 37th Street

394 Units, Retail & Garage

403,996 s.f.

505 W 37th Street

835 Units, Retail & Garage

749,928 s.f.

4630 Center Boulevard

Long Island City

184 Units & Retail

258,000 s.f.

1990s

Plaza West

444 W. 35th Street

86 Units

66,000 s.f.

Carnegie Hall Tower

152 W. 57th Street

Office Building

550,000 s.f

Plaza East

340 E. 34th Street

199 Units, Professional Space & Garage

140,000 s.f.

The Harmony

61 W. 62nd Street

141 Units

325,000 s.f

100 Jane Street

148 Units

124,000 s.f.

45 Wall Street

435 Units, Retail & Garage

488,895 s.f.

Country Life Corporate Campus

410 Franklin Avenue

Garden City, NY

Office Building

356,000 s.f

200 Water Street

576 Units and Retail

541,000 s.f.

Tribeca Pointe

41 River Terrace

340 Units & Retail

356,000 s.f.

99 John Street

84 Units, Retail & Garage

461,000 s.f.

99 Jane Street

84 Units & Garage

130,000 s.f.

300 Park Ave South

Office Building

175,000 s.f.

1980s

The Fairfax

201-203 E. 69th St.

314 Units, Retail & Garage

320,000 s.f.

Bleecker Court

77 Bleeker Street

243 Units & Retail

250,000 s.f

525 E. 80th Street

69 Units

150,000 s.f

The Foundry

310-312 E. 23rd Street

135 Units & Retail

122,100 s.f.

West Coast Apts

95-97 Horatio Street

325 Units, Retail, & Garage

440,000 s.f.

Eagle Court

215 W. 84th Street

128 Units & Retail

106,200 s.f.

River Rose

333 Rector Place

232 Units & Retail

232,000 s.f.

Midwest Court

410 W. 53rd Street

220 Units

190,000 s.f.

110 Horatio Street

153 Units

111,400 s.f.

The Archive

666 Greenwich Street

479 Units, Retail & Garage

723,000 s.f.

1970s

31 W. 16th Street

6 units

16,000 s.f.

207 E. 21st St

40 Units

35,000 s.f.

The Van Rensselaer

15 E. 11th St.

115 Units

68,000 s.f.

179 E. 78th Street

14 Units

11.500 s.f.

The Cast Iron Bldg

67 E. 11th Street

144 Units & Retail

140,000 s.f.

173 Hicks Street

Brooklyn

25 Units

26,000 s.f.

140-144 W. 74th Street

30 Units

38,000 s.f.

45 W. 11th Street

33 Units

29,500 s.f.

43 E. 10th Street

54 Units & Retail

46,000 s.f.

The Tatham House

138 E. 38th Street

82 Units & Retail

50,000 s.f

The Albert

23 E. 10th Street

205 Units & Retail

210,000 s.f.

Turtle Bay Towers

310 E. 46th Street

337 Units & Retail

385,000 s.f

Shepherd House

277 W. 10th Street

144 Units

140,000 s.f.

2 East End Avenue

56 Units

146,000 s.f.

History

Rockrose Development Corp. is a premier NYC owner-builder-manager with a name for architectural excellence, sensitivity to neighborhoods, vision for "creating community", and reputation for carefully managing our projects. Founded in 1970 by three brothers, the company first concentrated on the renovation of brownstone apartments in the Greenwich Village area of Manhattan. Over the years the firm gradually broadened its scope to include new apartment construction, large-scale rehabilitation, and major office development. Currently, the firm is under the leadership of Henry Elghanayan working with his son, Justin.

Philosophy

In large part, Rockrose's success over the past 45 years can be attributed to following a simple business philosophy: select projects carefully, plan rigorously and manage intensively. Continuing the tradition of excellence with which it was originally founded, this family-owned and operated company still upholds the same attentive hands-on style of business that assures efficiency, controls cost, and maintains quality.

Achievements

Since 1970, Rockrose has successfully purchased existing assets and land in New York City and Washington DC for value, repositioning and new development. The firm has a generational outlook on investing, and as a result views acquisitions and investments through a long-term buy and hold strategy. Over the years, we have acquired, built or repositioned approximately 60 projects encompassing 10,000 residential units, 2.5 million square feet of office and 500,000 square feet of retail space, totaling 12.7 million square feet of residential, commercial and retail property valued at approximately $6 billion.

Over 45 years of profit-driven investing, Rockrose has developed an extensive network of relationships and a track record that allows us to consistently identify unique opportunities and off-market transactions. This network, bolstered by our fine reputation in the marketplace, can deliver on its promises. Rockrose has achieved incredible investing successes both for its own account and that of others, which includes but is not limited to: Teachers Pension Fund, Credit Suisse, Goldman Sachs Whitehall Funds, KBS Partners and a high-profile hedge fund.

We have created a competitive advantage through a fully vertically-integrated corporate structure that allows Rockrose to gather information quickly through in-house experts with proven experience in the fields of Leasing, Sales and Marketing, Asset Management, Development, Property Management, Design and Planning, Finance, Legal and Construction. These departmental specialties give us an edge with which few other NYC development firms can compete, and allow us to do in-depth project due diligence quickly and thoroughly. This includes analysis of leases, environmental issues, legal concerns, construction issues, management agreements, debt and equity structures, tax guidance and planning concerns.